Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2026

Notes To Financial Statements [Abstract]

Inventories consist of the following (in thousands):


	March 31, 2026		December 31, 2025
Raw materials	$	96,429	$	107,296
Work in process	68,890		65,679
Finished goods	49,625		53,368
Total inventories	$	214,944	$	226,343

Schedule of Prepaid Expense and Other Assets

Prepaid expenses and other current assets consist of the following (in thousands):


	March 31, 2026		December 31, 2025
Value added tax receivables1	$	51,387	$	55,819
Prepaid expenses	107,260		62,478
Other current assets	57,059		47,274
Total prepaid expenses and other current assets	$	215,706	$	165,571

1 Refer to Note 7 "Commitments and Contingencies" of the Notes to Condensed Consolidated Financial Statements for discussion of tax matter.

Schedule of Accrued Liabilities

Accrued liabilities consist of the following (in thousands):


	March 31, 2026		December 31, 2025
Accrued payroll and benefits	$	205,321	$	226,149
Accrued expenses	67,676		61,049
Accrued professional fees	48,270		12,245
Accrued sales and marketing expenses	35,012		29,941
Accrued income taxes	34,916		44,049
Current operating lease liabilities	32,622		31,939
Accrued property, plant and equipment	7,455		10,469

Other accrued liabilities	115,607		120,908
Total accrued liabilities	$	546,879	$	536,749

Schedule of Warranty Accrual

Accrued warranty, which is included in the “Other accrued liabilities” category of the Total accrued liabilities table above, consists of the following activity (in thousands):


	Three Months Ended March 31,
	2026		2025
Balance at beginning of period	$	24,411	$	31,211
Charged to cost of net revenues	(6,776)		4,719
Actual warranty expenditures	(2,748)		(3,332)
Balance at end of period	$	14,887	$	32,598

Schedule of Deferred Revenues

Deferred revenues consist of the following (in thousands):


	March 31, 2026		December 31, 2025
Deferred revenues - current	$	1,235,254	$	1,261,816
Deferred revenues - long-term 1	77,863		85,543
Total deferred revenues	$	1,313,117	$	1,347,359

1 Included in Other long-term liabilities within our Condensed Consolidated Balance Sheets.